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Indonesia seeks to shore up confidence in economy


Rupiah rises: The rupiah jumped to a two-week high on hopes central bank actions will relieve persistent pressure on the country’s financial markets. — Reuters

Rupiah rises: The rupiah jumped to a two-week high on hopes central bank actions will relieve persistent pressure on the country’s financial markets. — Reuters

Odds rise on central bank raising rates at policy meeting tomorrow

JAKARTA: Indonesia’s top policymakers sought to shore up confidence in South-East Asia’s biggest economy, as bets grow that the central bank will raise interest rates for the second time in two weeks at an out-of-cycle policy meeting tomorrow.

Banking , Economy , Forex , Indonesia , interest rate , rupiah

   

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